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your money needs an ally. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: at least two dead in an attack outside the u.s. embassy in turkey today, a suicide bomber blew himself up in front of the embassy killing a turkish security guard. it's described as a terrorist attack. turkey's prime minister describing the member of a far left militant group. is the u.s. becoming more of a target in the region? i'm joined by peter brooks, heritage foundation, senior fellow for international security affairs. welcome to the show. what do you think of this? >> good to be with you. a tragic event, obviously, reminding us of the troubles going on in that part of the world, whether you talk about syria, turkey, iran, i mean, the middle east is an important place, volatile, and we have to pay attention to it. melissa: it is, but, you know, turkey is a popular tourist destination. it's not one of the places we think of as
your money needs an ally. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: at least two dead in an attack outside the u.s. embassy in turkey today, a suicide bomber blew himself up in front of the embassy killing a turkish security guard. it's described as a terrorist attack. turkey's prime minister describing the member of a far left militant group. is...
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most important way is the earned income tax credit saying if you're working full time and you're only earning this much money, we, the government, give you more subsidy to reward you for working and get you to continue working. you only get it if you work until you're to the point where you aren't anymore. the problem with that is policies have to put that money aside in the budget to pay for it. it's easier to say, raise the minimum wage. melissa: doesn't have the same impact. steve, thank you for coming on. >> my pleasure. melissa: is raising the minimum wage a good or bad idea? your responses were mixed, but more think it's a bad idea than a good one. maybe you did the math with me. we want to hear from more of you. like us on facebook or follow me on twitter. okay, things could go from bad to worse for boeing. 23,000 of its engineering may go on strike, and the build 787 dreamliner debacle could be soaring. can they pull out of the financial tail spin? details next. if your kids are like my two sons, they go crazy at the very sight of this. my are watching at home. the demand for
most important way is the earned income tax credit saying if you're working full time and you're only earning this much money, we, the government, give you more subsidy to reward you for working and get you to continue working. you only get it if you work until you're to the point where you aren't anymore. the problem with that is policies have to put that money aside in the budget to pay for it. it's easier to say, raise the minimum wage. melissa: doesn't have the same impact. steve, thank you...
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he is hoping residents will agree to a tax increase to beef up a struggling police department. the mayor laid out the plan in the state of the city address. our news reporter has details. >> san jose's mayor was quick to set the tone for the state of the city address. >> i would love to tell you i am not talk about the budget. that would be a pleasant change but that is still our biggest challenge. >> there is a small surplus this year it is still not enough to beef up the city's struggling police department. layoffs, low morale and pension reform have shrunk the department to under 1,000. >> my priority is public safety. >> the crime rate has gone up. last year there were 46 homicides, the highest in 20 years. the mayor promises to add 200 officers the next two years but the police officers union wants more. >> people are looking for san jose to pay a competitive wage for police officers. the market rate san jose pays is much less than any of the surrounding cities. >> to get it back on track, the mayor is suggesting up to half a sent sales tax. >> in 2014 we can explain to th
he is hoping residents will agree to a tax increase to beef up a struggling police department. the mayor laid out the plan in the state of the city address. our news reporter has details. >> san jose's mayor was quick to set the tone for the state of the city address. >> i would love to tell you i am not talk about the budget. that would be a pleasant change but that is still our biggest challenge. >> there is a small surplus this year it is still not enough to beef up the...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> down 94. were in triple digits earlier. it is february. what does this expect? it is snow and two storms are heading towards the northeast. they may merge and become a doozy beginning friday afternoon. weather channel's paul goodloe is tracking it for us. hi, paul. >> hi, how you doing? you talked about those storms merging. and they will bring the biggest dump of snow we've seen in a year and a half. new york city start with rain as we have two systems. one, a clipper across the midwest bringing detroit and michigan some snow but also the southern snow giving south some rain. they will come together an form a new storm, a nor'easter off-shore. as they do so we will plenty of wind,
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> down 94. were in triple digits earlier. it is february. what does this expect? it is snow and two storms are heading towards the northeast. they may...
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02/13
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higher ta tax rate to 15% from 10. and governor wanted more funds dedicated to addiction services. those additions are expected to happen, and it should pass being the third state with nevada and delaware allowing gambling on-line. the companies would be based in new jersey too. that means gambling revenue as well as jobs would come into the state. you know how gambling has been a big way it get revenue in the tight times of state budgets. also, out of state gamblers could be allowed to do this as well. if they are on state allowed gambling. right now there is only two others. on the stock side, take a look at these names here. according to the wall street journal, they signed deals to service the industry. in new jersey. they traded in london but had huge days, bwin almost 15 times its average daily volume. i want to point out people, this legislation has nothing to do with sports betting. new jersey is moving ahead with that as well but can't start doing it until or unless they settle a lawsuit with major sports and ncaa. with the thing with on-line betti betting, they are in ear
higher ta tax rate to 15% from 10. and governor wanted more funds dedicated to addiction services. those additions are expected to happen, and it should pass being the third state with nevada and delaware allowing gambling on-line. the companies would be based in new jersey too. that means gambling revenue as well as jobs would come into the state. you know how gambling has been a big way it get revenue in the tight times of state budgets. also, out of state gamblers could be allowed to do this...
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. >> the whole issue of the uncertainty and people don't know if the taxes increase that's smoke and mirrors of wall street? >> convenient excuse. they're not spending money because they just haven't believed to make money spending it. >> the purpose of business is not to create jobs. it is to create profits and the line we had last year in the debate in the election was just a farce. if you can make money in your bottom line every quarter and not have to hire as many people, why would you hire more people? >> right. >> because they realize they can make more with less so the idea the corporations get more money and reduce taxes, hire people is not connected with reality. it is not the way business operates. >> buy a robot instead of hire ten people which is exactly what companies do. >> plenty of companies have done th that. thank you very much. >>> we have new information on the embassy attack on turkey. at least two people are dead. several injured. we have the latest on what the white house calling an act of terror. >>> and after being criticized by religious groups, for the cont
. >> the whole issue of the uncertainty and people don't know if the taxes increase that's smoke and mirrors of wall street? >> convenient excuse. they're not spending money because they just haven't believed to make money spending it. >> the purpose of business is not to create jobs. it is to create profits and the line we had last year in the debate in the election was just a farce. if you can make money in your bottom line every quarter and not have to hire as many people,...
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year due to the payroll tax coming back. so we do think that is going to hurt the consumer toward the end of the year and consumption makes up 71% of our economic growth. david: well, jeff, it is guessing game whether we're going into recession or not but no guessing game about europe. europe is in a recession. you think it will stay there for all of 2013 that is pretty bearish. why do you think so? >> well i think the market is happy right now because the market looks at two things. euro stronger relative to the dollar. that is a good sign the market is looking for. and our 10-year, spanish government bond yield is lower than they were two months ago or three months agop or six months ago. those conditions hold. crisis is over, right, david? wrong. when you look at actual data, credit, the credit to the private sector continues to contract and for me that is the heart of industry. and that means you're going to be recession. 2013. >> that is the outlook. if you believe, mark maybe in the next couple years we might see reces
year due to the payroll tax coming back. so we do think that is going to hurt the consumer toward the end of the year and consumption makes up 71% of our economic growth. david: well, jeff, it is guessing game whether we're going into recession or not but no guessing game about europe. europe is in a recession. you think it will stay there for all of 2013 that is pretty bearish. why do you think so? >> well i think the market is happy right now because the market looks at two things. euro...
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and this is an entirely tax-payer fueled entity. >> eamon, you know the answer to that. the way that the u.s. army can say, we don't have operatives in south america. they didn't but they were paying mercenaries to be down there. >> yeah, look, a lot of this is is done in a very hidden way. very merurky world. we had so sift through record to find the corporate structure to find out the global strategies group for example, registered in luxembourg, not england. there are subsidiaries of sun sid arearies. it is hard to keep track of them and they are easily lost in the shuffle. that might be an advantage, right, if you're in the intelligence game? >> sounds fascinating and for fewers, can you read eamon's full report on cnbc.com. >> let's get a storm-related market flash from josh lipton. >> hey, brian. down day but there are names in the green and one of them is the generator maker, generac. they got a bounce from hurricane sandy and it is up again ahead of the storm barreling towards us here in the northeast. generac up just about 1%. >> thanks. now the fashion police,
and this is an entirely tax-payer fueled entity. >> eamon, you know the answer to that. the way that the u.s. army can say, we don't have operatives in south america. they didn't but they were paying mercenaries to be down there. >> yeah, look, a lot of this is is done in a very hidden way. very merurky world. we had so sift through record to find the corporate structure to find out the global strategies group for example, registered in luxembourg, not england. there are...
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eliminate the sales tax increase mcdonnell proposed. hundreds of millions of dollars in fee increases mcdonnell wants as well. today is the deadline for legislation to win approval from the senate or house of delegates. >>> a study that confirms what you probably already know. our region has some of the worst traffic in the country. we're breaking down the numbers for you in this new report as we speak. we'll tell what you researchers are saying about gridlock in a few minutes. >>> the city is hosting a super bowl parade downtown. the crew started setting up yesterday just as the team was returning from new orleans. that parade will begin at city hall and end at m&t bank stadium where the team will show off the lombardi trophy. if you can't make it, watch it on nbcwashington.com beginning at 10:45. >>> i bet you have to wear a lot of layers today. it's going to be cold again. >> let's check in with tom kierein. >> good morning. that snow that passed to our north is way up northeast of us into new england. this is the radar over the last
eliminate the sales tax increase mcdonnell proposed. hundreds of millions of dollars in fee increases mcdonnell wants as well. today is the deadline for legislation to win approval from the senate or house of delegates. >>> a study that confirms what you probably already know. our region has some of the worst traffic in the country. we're breaking down the numbers for you in this new report as we speak. we'll tell what you researchers are saying about gridlock in a few minutes....
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. cheryl: markets under pressure on this thursday. we are down 107 points on the dow. restaurants across the country stricken portion sizes. it turns out the record flu season is good for business. how you can profit from it. all of that is coming up. dennis: bottom of the hour. stocks every 15 minutes. we have nicole petallides. caterpillar. nicole: we are seeing it down about 2% at the moment. we are seeing at lower on this day where they expect earnings to fall. it is such a wide range. another analyst getting on board. eleven analysts have reduced their estimates on caterpillar over the last 30 days. one of the reasons they are doing that is uncertainty. caterpillar has such a wide r
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. cheryl: markets under pressure on this thursday. we are down 107 points on the dow. restaurants across the country stricken portion sizes. it turns out the record flu...
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gun control and taxes, or tax increases, i should say. we had the assault weapon ban for three years. gun violence has gone down after it ended in 2004. tax rates, even the president said about a year and a half ago that when the economy is sliding, the last thing in the world you want to do is raise tax rates. that is what he is doing. >> let's talk about gun control. the president was in minnesota on monday. if we could just save one life, we have to try. in other words, we have to try to pass an anonymous national law to save one life? we had an assault weapons ban from 1994-2004. the national research council did an enormous study in 2004 and came to the conclusion that there was no way to know if any of this work. barack obama seems undeterred by the idea of passing enormously colossal balls david: you just want an election -- he has won reelection based on a motion. not based on facts and numbers. >> he is opposing his emotions, translating his emotions into laws like obamacare or dodd-frank that are so big, so complex, there are pa
gun control and taxes, or tax increases, i should say. we had the assault weapon ban for three years. gun violence has gone down after it ended in 2004. tax rates, even the president said about a year and a half ago that when the economy is sliding, the last thing in the world you want to do is raise tax rates. that is what he is doing. >> let's talk about gun control. the president was in minnesota on monday. if we could just save one life, we have to try. in other words, we have to try...
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are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police services and restore pay to worker whose took cuts to help balance the budget in recent years. to do that a sales tax increase is needed. >> we have to go to the ballot to get permission. that would be in 2014. it depends on the voter support. we have done some polling. the voters think we are moving in the right direction. >> that poll shows 70's percent of voters may support a quarter percent sales tax increase but only 57 percent favor half a percent high. and a worker at a maintenance worker that contracts with the city likes anything that will help keep his job. >> anothe
are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police...
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it would impose the sales tax on gas in place of virginia's current gas tax. it would eliminate the sales tax hikes mcdonnell wanted. today is the deadline for legislation to win approval from either virginia's senate or the house of delegates. >>> you probably don't need a study to tell you this. this morning, we're getting the latest results of a survey showing we have the worst traffic in the country are. our transportation reporter adam tuss is breaking down the numbers and he'll have what researchers are saying about gridlock coming up at 5:45. >>> overheating batteries forced all 787 dreamliners to be grounded. now boeing is asking the faa to let it put some of the planes back in the air. boeing formally filed a request for test flights with the faa yesterday. they say they need to see if regular flight vibrations are causing overheating. last month dreamliner in japan and one in boston were forced to land after overheating issues on the batteries. >>> ravens fans are getting an early start to their tuesday. they're braving the cold in baltimore to stake
it would impose the sales tax on gas in place of virginia's current gas tax. it would eliminate the sales tax hikes mcdonnell wanted. today is the deadline for legislation to win approval from either virginia's senate or the house of delegates. >>> you probably don't need a study to tell you this. this morning, we're getting the latest results of a survey showing we have the worst traffic in the country are. our transportation reporter adam tuss is breaking down the numbers and he'll...
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so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. dare to create all kinds of drama. new revlon photoready™ primer and shadow add sparkle or use wet. so you can create whatever eye you're in the mood for. dare to be revlon. crrkkhshziiiizzlllee. beautiful. shhhhshshshshhshshhhhhsshhhshs. gorgeous! here comes the crescendo. kkerrrrbbuuuuuucraaackkk. just...incredible. pillsbury toaster strudel. if beethoven made breakfast. >>> the big game is still hours away. the company's advertising curing the game are creating buzz, samsung have been releasing online teasers. they want to peak your interest. is that leaving surprise for tonight? >> a sneak peek of some of the more memorable ads. matt miller, president and ceo of the association of independent commercial producers. >> good morning. great to be here. >> the cost of a 30-second ad is $3.8 million. how does that compare for other must-see or big events? >> it is the biggest. there is no other event that
so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. dare to create all kinds of drama. new revlon photoready™ primer and shadow add sparkle or use wet. so you can create whatever eye you're in the mood for. dare to be revlon. crrkkhshziiiizzlllee. beautiful. shhhhshshshshhshshhhhhsshhhshs. gorgeous! here comes the crescendo. kkerrrrbbuuuuuucraaackkk. just...incredible. pillsbury toaster strudel....
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check out taxes. stuart: here is governor jerry brown's response to that ad and i'm quoting directly. it is not a serious story. he continues it is not a burke. obviously rejecting low rick perry at the but you just told us -- >> you don't finish the sentence. stuart: i'm not going to. it wasn't quite an obscenity. >> that is our governor. stuart: you just give us the number, 17 corporations in a month that are leaving california so people are responding to governor perry's message. >> the reality is there responding to that message for a long time without the at by governor harry leaving the state of california. people in california to run for office lose and move to california. people in california who run propositions in california try to do something and it loses and they move not to california but texas. this is what is going on. our state legislature goes to texas to find out what we need to do to bring jobs back. they learn what to do and come back and do nothing. we have a two thirds democrat
check out taxes. stuart: here is governor jerry brown's response to that ad and i'm quoting directly. it is not a serious story. he continues it is not a burke. obviously rejecting low rick perry at the but you just told us -- >> you don't finish the sentence. stuart: i'm not going to. it wasn't quite an obscenity. >> that is our governor. stuart: you just give us the number, 17 corporations in a month that are leaving california so people are responding to governor perry's message....
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02/13
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KRON
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he says the new tax represent his family, and our strength, appeared to grow in humility. >> he may not need a jersey next year. >> tiger woods staying at all so at&t needs a jolt. round out at pebble beach. bill murray with the muttonchops sit signing a woman's forehead. mary knows the course well, he makes the nice approach shot that catches the slope and heads down held stopping about to end the 15 he beat from whole. >> up former nba player and hiv and aids activist magic johnson meeting with president obama at the white house. johnson was in town yesterday for an event at howard university hospital. the president and johnson met briefly discussed hiv and aids in the african- american community. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! today's kids got it so good. [ male announcer ] get u-verse tv for just $19 a month for 1 year when you
he says the new tax represent his family, and our strength, appeared to grow in humility. >> he may not need a jersey next year. >> tiger woods staying at all so at&t needs a jolt. round out at pebble beach. bill murray with the muttonchops sit signing a woman's forehead. mary knows the course well, he makes the nice approach shot that catches the slope and heads down held stopping about to end the 15 he beat from whole. >> up former nba player and hiv and aids activist...
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how much impact do you think the payroll tax hike is going to have on growth? >> consumers are faced with a drop in real disposable income of more than 2% in the first quarter. that's going to impact spending. that's going to shave at least a percentage point off of g.d.p. growth. >> reporter: and slower growth of course, means less hiring. but many economists believe that will only be a temporary setback to the economy while people adjust, scott. >> pelley: anthony, one of the worst problems in unemployment has been long-term unemployment. have we made a dent in that? >> reporter: scott, there are still 4.7 million people out there who are out of work more than six months, but this is encouraging. the average length a person is unemployed has dropped to 35.3 weeks, and that is now the lowest in more than two years. >> pelley: making a comeback. anthony, thanks very much. the white house is looking to head off a new supreme court battle over health care and specifically the requirement that insurance cover birth control. the administration today proposed a comp
how much impact do you think the payroll tax hike is going to have on growth? >> consumers are faced with a drop in real disposable income of more than 2% in the first quarter. that's going to impact spending. that's going to shave at least a percentage point off of g.d.p. growth. >> reporter: and slower growth of course, means less hiring. but many economists believe that will only be a temporary setback to the economy while people adjust, scott. >> pelley: anthony, one of...
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tax burden. also looking at other companies that you like besides exxon mobile, and i want to get these out. you like allstate insurance, new york mellon the bank, financial industrials tell us something you have favored. financials, first of the year find of a sudden death of the year. >> said think we're going to start to see it play out that these this financial's don't do a lot of lending and insurance companies. you know, the big banks, they have gotten ahead of themselves. i am not a big fan right now. financials, the sectors will have the best earnings growth of any sector. cheryl: we discussed all the earnings. they said a very strong. but at the same time, you get, again, bank of america. there seems to be this crazy split between good banks and bad banks from a stock perspective. >> that is one reason that makes the big banks a bit risky to invest in big is the stock prices have all run up, but if you have any consistency in the margins and the inconsistency. just the voluminous disclos
tax burden. also looking at other companies that you like besides exxon mobile, and i want to get these out. you like allstate insurance, new york mellon the bank, financial industrials tell us something you have favored. financials, first of the year find of a sudden death of the year. >> said think we're going to start to see it play out that these this financial's don't do a lot of lending and insurance companies. you know, the big banks, they have gotten ahead of themselves. i am not...
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02/13
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service. 70%-plus of americans consistently say the postal service, who takes no money now-- we get no tax money-- shouldn't get a tax bailout and should live within their means, meaning if twee need to eliminate delivery on saturday we do. now, our proposal is to eliminate delivery of mail but to continue to deliver packages, which includes medicine for the elderly and handicapped and the rural areas. and that's what our customers have told us. last year we made some changes. post offices. we talked about having to close small, nonprofitable postal offices. we spent a lot of time in the field and herd back from crust mers. they said we don't care if you shrink the opening, just keep the it open. here's the problem we're facing, jeff reerk no matter what anybody thinks on this-- people pay bills online. in the year 2003, we delivered 51 billion-- with a "b--" pieces of stamped mail out of the mailbox. this year it will be 21 billion. 30 billion pieces in less than 10 years at 46 cents apiece say differential in that group of $14 billion. nobody is stepping up saying i'll take a pay cut tha
service. 70%-plus of americans consistently say the postal service, who takes no money now-- we get no tax money-- shouldn't get a tax bailout and should live within their means, meaning if twee need to eliminate delivery on saturday we do. now, our proposal is to eliminate delivery of mail but to continue to deliver packages, which includes medicine for the elderly and handicapped and the rural areas. and that's what our customers have told us. last year we made some changes. post offices. we...
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so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. to help eli start potty training,! the pull-ups team surprised him with a first flush party. celebrate your first flush with pull-ups! and for more fun, check out our pull-ups big kid app at pull-ups.com i'm a big kid now! then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. and "i have no idea what i'm doing," you need a hand. well, walgreens is innovating to help. by making prescription refills this easy. and we're bringing our pharmacists out front to answer your questions. at walgreens, we'll do more than help you get well. we'll help you stay well and live well. because that's what it really means to be at the corner of happy and healthy. >>> all right. we got 13 seconds to give the verdict on the nacho lasagna. what is ev
so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. to help eli start potty training,! the pull-ups team surprised him with a first flush party. celebrate your first flush with pull-ups! and for more fun, check out our pull-ups big kid app at pull-ups.com i'm a big kid now! then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum...
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Feb 6, 2013
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FOXNEWS
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that is your tax dollars, my tax dollars. so don't pull that game on me. >> reporter: most social programs are a shared cost and formulas can change over time. special ed started with 40% federal funding. it is now 19%. heineman is this. he has a pot of money. if he spends 12 million more a year on medication -- medicaid and that is he spends less on education and that is not a trade he is willing to make. jon. jon: william la jeunesse in los angeles. thank you. jenna: during the health care debate there were some promises how you could keep your current doctor and your current coverage. well, apparently a new study, a new report is finding that may not be true for millions of americans. we'll have a closer look at that. >>> it is a state-of-the-art research facility in the antarctic. it can do something no other building of its kind can do. it took four years to build and just is going into full operation now. john will speak live with the base's commander. she is live in the south pole ahead on "happening now." all right th
that is your tax dollars, my tax dollars. so don't pull that game on me. >> reporter: most social programs are a shared cost and formulas can change over time. special ed started with 40% federal funding. it is now 19%. heineman is this. he has a pot of money. if he spends 12 million more a year on medication -- medicaid and that is he spends less on education and that is not a trade he is willing to make. jon. jon: william la jeunesse in los angeles. thank you. jenna: during the health...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> good afternoon, everyone, i'm sandra smith with your fox business brief. it is a bearish day on wall street as traders take cover in traditional safe haven sectors and treasury bonds. off session lows the dow is still holding onto an 80-point loss. >>> meanwhile there is some good news in the housing market as consumer sentiment rose in january. according to fannie mae's national housing survey more people believe now is a good time to sell a home. 41% brief home prices will go up in the next 12 months. >>> according to challenger, gray & christmas the turnover of chief executives dropped 10% from the same time last year the outplacement firm says there were 113 ceo changes last mon
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> good afternoon, everyone, i'm sandra smith with your fox business brief. it is a bearish day on wall street as traders take cover in traditional safe haven...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lori: it is time to make a little money with charles payne. they be a lot of money. we are taking a look at humana. high food cost may be partially to blame. charles: their numbers speak their own guidance, which i think all of the way, they have gone into their own. i do like them. employers coming to it. it is cheap. love the chart. it is breaking a key resistance. obviously, well above that. technically, i think it has a lot of room to the upside. fundamentally, i think it is fairly valued. lori: you are looking to make money off of the pain and suffering that people undergo. melissa: if you have had the flu and suffered through it, you might as well make some money from it. cha
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lori: it is time to make a little money with charles payne. they be a lot of money. we are taking a look at humana. high food cost may be partially to blame....
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about tax hikes. is that the wrong message? >> yeah. it's the wrong message. let's go back to when toby was a teen-ager under calvin coolidge. [ laughter ] he took down woodrow wilson's high rate all the way down, created a huge boom. ronald reagan did the same thing. the democrats have railed against the bush tax cuts. they made them permanent. and now they realize oh, my goodness, we need revenue. here is the problem. this isn't just a blip. we have structural unemployment. we have the lowest labor force participation since the early '80s. that's more than a blip. that's structural unemployment and this country is not designed to handle that. we could double, 100% raise taxes on americans, we would take $1.1 trillion. we can't get there through tax increases alone. we have to deal with spending cuts cuts and entitlements. >> we do need growth. part of what the president has been talking about and the democrat social security creating a balanced package. there will be some spending cuts but there are
about tax hikes. is that the wrong message? >> yeah. it's the wrong message. let's go back to when toby was a teen-ager under calvin coolidge. [ laughter ] he took down woodrow wilson's high rate all the way down, created a huge boom. ronald reagan did the same thing. the democrats have railed against the bush tax cuts. they made them permanent. and now they realize oh, my goodness, we need revenue. here is the problem. this isn't just a blip. we have structural unemployment. we have the...
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it would impose a sales tax on gas in virginia. that would take the place of current gas tax. it would eliminate the sales tax hike mcdonnell had wanted and scrap the hundreds of millions of dollars in fee increases the governor was pushing for. >> dog owners will rally in annapolis this morning in hopes of earning more protection if their pets bite someone. pit bulls and their owners are singled out for punishment even if the dog has no previous estimate of being dangerous. the demonstration supports a new measure holding all dog owners responsible for a bite. it allows the owner to prove in court that the doing was not dangerous. >>> the debate over immigration reform will play out today at the white house and on capitol hill. president obama will meet today with labor leaders and immigration reform groups to discuss his plan to reform the nation's immigration reform laws. he'll discuss the issue some of the country's most prominent ceos. across town, there will be the first in a series of hearings on immigration reform. >>> new this morning, a search for an armed robber nea
it would impose a sales tax on gas in virginia. that would take the place of current gas tax. it would eliminate the sales tax hike mcdonnell had wanted and scrap the hundreds of millions of dollars in fee increases the governor was pushing for. >> dog owners will rally in annapolis this morning in hopes of earning more protection if their pets bite someone. pit bulls and their owners are singled out for punishment even if the dog has no previous estimate of being dangerous. the...
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you don't comes out of the same pocket when you label it state tax money or federal tax money. they came sabha -- it comes out of the same pocket. there ought to be a growing concern when they're borrowing 40 cents on every dollar that we are driving this country into the verge of bankruptcy. i don't think the sky has fallen from the standpoint can we make adjustments and that its era parable or irreversible but we have to start waking up and saying states have a responsibility. we can't keep going there with the handout. it's hard for us to say if we don't take it that money will be distributed somebody else. we still have to pay it back. my kids and my grandkids are going to be on the hook for that growing expense. so there is always that temptation. we talked earlier. it elections have consequences. we have to put people in place in washington that understand that this form of spend more, borrow more has got to stop. we have to come up with some kind of fiscal restraint here in washington. states can help. i have testified before a couple of congressional hearings and said f
you don't comes out of the same pocket when you label it state tax money or federal tax money. they came sabha -- it comes out of the same pocket. there ought to be a growing concern when they're borrowing 40 cents on every dollar that we are driving this country into the verge of bankruptcy. i don't think the sky has fallen from the standpoint can we make adjustments and that its era parable or irreversible but we have to start waking up and saying states have a responsibility. we can't keep...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created lelzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your busine
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for...
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the company blames the new health care law for that reason, specifically the medical device tax. london-based smith & nephew specializing in developing orthopedic reconstruction products says the cuts are necessary to deal with the new cost associated with the tax. that is 2.3%. expected to raise nearly $30 billion over the next decade. a majors is source of consternation for many of these companies. they fought it and fought it and they lost in the end. on this jobs thing, if you're a teenager in america, unemployment is almost 24%. that is ridiculous when you talk --. martha: greece for that population there. bill: the next generalmation of americans have to deal with that? we'll talk about that in a moment. martha: tough picture. speaking of lay youfls we've been talking about the president happenedding a pink slip to the group he formed to bring back jobs. charlie and i were discussing about that. was the jobs council an exercise if futility or did it have meaning? they don't want it anymore. bill: 7.9%. >>> a 5-year-old boy is still held hostage in a underground bunker. how
the company blames the new health care law for that reason, specifically the medical device tax. london-based smith & nephew specializing in developing orthopedic reconstruction products says the cuts are necessary to deal with the new cost associated with the tax. that is 2.3%. expected to raise nearly $30 billion over the next decade. a majors is source of consternation for many of these companies. they fought it and fought it and they lost in the end. on this jobs thing, if you're a...
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are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police services and restore pay to worker whose took cuts to help balance the budget in recent years. to do that a sales tax increase is needed. >> we have to go to the ballot to get permission. that would be in 2014. it depends on the voter support. we have done some polling. the voters think we are moving in the right direction. >> that poll shows 70's percent of voters may support a quarter percent sales tax increase but only 57 percent favor half a percent high. and a worker at a maintenance worker that contracts with the city likes anything that will help keep his job. >> anothe
are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police...
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>> san jose mayor is hoping residents will agree to a tax increase to help fund the police department. the mayor laid out the plan last night in the state of the city address saying although there is a small surplus this year, it is still not enough to beef up the struggling police department. lay offs and pension reform have shrunk the department under 1,000 people. the mayor promises to add 200 officers the next two years but the believes union wants more. >> we are looking for san jose to pay a competitive wage for police officers. the market rate san jose pays is much less than any of the surrounding cities. >> in 2014 we will be able to explain to the public if they give us additional revenue we will restore services. >> the mayor is suggesting up to half a percent sales tax. a measure cannot go before voters until next year. >> investigators are wanting of a door-to-door scam in san mateo county trying to sell magazine subscriptions to benefit the reason amend mcdonald house. they are well dressed and plight but not affiliated with the organization. they only use fundraisers and
>> san jose mayor is hoping residents will agree to a tax increase to help fund the police department. the mayor laid out the plan last night in the state of the city address saying although there is a small surplus this year, it is still not enough to beef up the struggling police department. lay offs and pension reform have shrunk the department under 1,000 people. the mayor promises to add 200 officers the next two years but the believes union wants more. >> we are looking for...
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the death tax and making universal health care coverage sound like a (bleep) sandwich. [laughter] >> the language that you used before, you are calling it a public option which is what the white house calls it, are you sure it isn't a government option? if you call the the government option the public against it. >> great point i'll call it the government option. >> jon: thanks, frank. i'm going to call health care the government option because i don't want everyone to have it. i appreciate you telling me how to (bleep) everybody over. thank. while that's been performed,el good people at ferrell news believe in transparency. we'll start with rebranding the or we willan process itself. >> you know about words and messaging and how to do it, frank. let's talk about the the number one thing the language errors you have pointed out versus adjustment. >> jon: you see it's language errors. you need to adjust your language errors. i think the church of scientology called, they want their deliberately obfuscating words back. they are not (bleep) you. they are adjusting language
the death tax and making universal health care coverage sound like a (bleep) sandwich. [laughter] >> the language that you used before, you are calling it a public option which is what the white house calls it, are you sure it isn't a government option? if you call the the government option the public against it. >> great point i'll call it the government option. >> jon: thanks, frank. i'm going to call health care the government option because i don't want everyone to have...
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while president obama did get some tax increases as part of the recent fiscal cliff deal... he's also call for more. he says we need a "balanced approach" which includes cuts and spending. we need to lower the cost of health care... without just passing the burden off. the wealthiest individuals cannot take advantage of loopholes >> white house spokesman jay carney said this past week the president is very serious about spending cuts... as well as closing tax loopholes. indiana congresswoman susan brooks spoke for republicans today. each of the last two years the republicans have passed a responsible budget. unfortunately it has been nearly four years since the democrats last passed a budget >> she says it republicans will work tirelessly to hold the democratic majority in washington and accountable to pass a responsible budget >> still to come, police in turkey release surveillance video of a suicide bomber who targeted the american embassy. also, why vice president joe biden is spending his weekend in germany. and later, the menu is different again at next. our restaurant
while president obama did get some tax increases as part of the recent fiscal cliff deal... he's also call for more. he says we need a "balanced approach" which includes cuts and spending. we need to lower the cost of health care... without just passing the burden off. the wealthiest individuals cannot take advantage of loopholes >> white house spokesman jay carney said this past week the president is very serious about spending cuts... as well as closing tax loopholes. indiana...
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. >> san jose mayor will deliver the state of the city address and will talk about the need for new taxes to support city services and restore pay to worker whose have seen cuts in recent years to help balance the budget. that includes the police with whom they are negotiating. our media partner the mercury news report that 70 percent support a quarter percent hike in the city sales tax. the council will discuss the report next week. the earliest a new measure goes on the ballot is next year. we the have more in a live report next half hour. >> 4:8 -- 4:38 right now. >> the rain will take its time so most of us can get out before 7:00 we are okay unless you are in the north bay with scattered rain now. the best radar is north of 116ed and to forestville we see the better radar return with light rainfalling in santa rosa. upstream, it is a cold system. there is snow in the higher elevation. there is light rain in the lower elevation. the breakdown today in the movement of the rain, the rain is in the north bay through 7:00. it moves across the bay and to the south bay from 7:00 to noon. it
. >> san jose mayor will deliver the state of the city address and will talk about the need for new taxes to support city services and restore pay to worker whose have seen cuts in recent years to help balance the budget. that includes the police with whom they are negotiating. our media partner the mercury news report that 70 percent support a quarter percent hike in the city sales tax. the council will discuss the report next week. the earliest a new measure goes on the ballot is next...
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one of the first tax we did was nationalized the human bank. and then we're kind of even year. and this was in nicaragua. in fact, running the sandinista government, now back again running the corona where, he put us together. and certainly fascinating there. i mean, i could run through so many people. i have to up -- one of the sessions with mandela, i was asked to tell mr. mcgrath the who was then president of zimbabwe and still president of zimbabwe who had used dollars timeout. he was not very happy with that. because of that, i was able to do that. our secretary of commerce asked me if i would share the 50th anniversary of the united nations, the effort a loss of the u.s. was given at that time, which i did because he said, look, if you can do that then you can take anything else. so, i mean, there have been a lot of people. you mention secretaries of treasury here in the united states, certainly the various heads of the fed and central bankers. i think worldwide, i think one of the things that we need to see more of getting to the point that i know you want to talk about
one of the first tax we did was nationalized the human bank. and then we're kind of even year. and this was in nicaragua. in fact, running the sandinista government, now back again running the corona where, he put us together. and certainly fascinating there. i mean, i could run through so many people. i have to up -- one of the sessions with mandela, i was asked to tell mr. mcgrath the who was then president of zimbabwe and still president of zimbabwe who had used dollars timeout. he was not...
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more people paying taxes. you know, that's just good stuff when people are paying taxes. folks are getting educated in america. they are serving in our armed services. they are making our country better and brighter and safer blah, blah, blah, blah, blah blah. why do we need immigration reform? why? it's so important and we will take calls on that too. give us a call on that. taking calls on chuck hagle. twitter is abuzz about chuck. what do you think about this whole immigration stuff? >> it's time to get it done because republicans have finally, gotten on board. i think it's a shame, the time that they deem it's time to get it done. the time to really do it was five years ago. i mean a long time ago. but it's pretty from the parent that republicans realize they have got to get on board because they got their asses handed to them in the last election. the fact that now everybody wants to come to the table and participate, i think it's sad, and i think that it's worth pointing out that that's the reason they want to come to the table. i hope that that doesn't get lost in
more people paying taxes. you know, that's just good stuff when people are paying taxes. folks are getting educated in america. they are serving in our armed services. they are making our country better and brighter and safer blah, blah, blah, blah, blah blah. why do we need immigration reform? why? it's so important and we will take calls on that too. give us a call on that. taking calls on chuck hagle. twitter is abuzz about chuck. what do you think about this whole immigration stuff?...
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so how is that tax working in montgomery county anyway? find out. >> wind is howling, wind chills very low, three chances of snow the next three days. no advisory, but if you're headed out, hat, gloves. 26 mile-per-hour wind gusts downtown and a 29 mile-per-hour wind gusts and we'll talk about why tomorrow is a yellow alert. >> up next a contraception compromise, what the >>> a compromise on contraception from the obama administration today. the department of health and human services announced it will let certain nonprofits like hospitals and schools say no, but they have to have insurance companies comply. >>> if women are in, we're out. that's the threat from 17% of marines surveyed last summer. it jumped to 22% for women assigned involuntarily to the jobs. the men said if women are allowed to serve in combat, they would likely leave. those numbers were given to leon panetta before he made the decision to allow women into combat last week. >>> montgomery county's bag tax isn't having the results officials hoped for. county data shows th
so how is that tax working in montgomery county anyway? find out. >> wind is howling, wind chills very low, three chances of snow the next three days. no advisory, but if you're headed out, hat, gloves. 26 mile-per-hour wind gusts downtown and a 29 mile-per-hour wind gusts and we'll talk about why tomorrow is a yellow alert. >> up next a contraception compromise, what the >>> a compromise on contraception from the obama administration today. the department of health and...
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you cou ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. liz: welcome back. this is an important story. unions facing a big defeat this week. the national labor relations board communions they cannot protest in front of wal-mart for two months. they are saying that the unions picketed illegally in front of the big retailer and after wisconsin and michigan becoming right to work states. so is labor losing its punch? dd, what do you think? >> i do think the unions are dying and they are on their way out. indiana, my homes it is a right to work. and it's working. unions are job killers. losing companies left and i right to other companies and we just need to realize the unions are dead and they need to realize that read what they are is political pacs. liz: adam, what do you think? >> there's no question that humans are dying. the question is when they're going to die and how data will look. this is a pro
you cou ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. liz: welcome back. this is an important story. unions facing a big defeat this week. the national labor relations board communions they cannot protest in front of wal-mart for two months. they are saying that the unions picketed illegally in front of the big retailer and after wisconsin and michigan becoming...
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when they vote for people to raise taxes. taxes in my mind, tax hikes are austerity. i'm not sure why that is a perspective that isn't out there with the american people. what do you make of that? >> i think we have people that are not looking at how the greater economy affects them. free trade is good for america. it's good for working americans. yet we tend to be protectionist protectionists as we talk about our economy now growing rather than expand. don't talk about being competitive with the rest of the world and taxes. our tax rate are approaching the highest tax rates in the world and we have to be competitive with the world. this is about creating opportunities for growth rather than building walls and burdening others and thinking that you're not going to carry the burden. if you build the wall to deny someone to exercise a creative idea that will add jobs and create opportunities, you are denying an opportunity to grow. right now we are in a position where the united states is struggling to grow because we are overly protecting ourselves from failure. failur
when they vote for people to raise taxes. taxes in my mind, tax hikes are austerity. i'm not sure why that is a perspective that isn't out there with the american people. what do you make of that? >> i think we have people that are not looking at how the greater economy affects them. free trade is good for america. it's good for working americans. yet we tend to be protectionist protectionists as we talk about our economy now growing rather than expand. don't talk about being competitive...
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not only our tax rate but getting crushed on these new obama care regulations. we have to put back people's hours. we love these people. these are community people. these are families, our friends. but we're barely making ends meet. we have to make a payroll. so the idea this is the big pollute craft, raping the poor people that narrative is really tired. >> it's not the big polutocrat it's the structure of modern capitalism. in the bush years when we did have strong employment growth a lot of jobs being created was low rate jobs. >> laura: globalization. >> also in the retail sector, the biggest area of job growth last month was retail jobs a lot of those retail jobs don't pay more than $20,000 a year. meanwhile the big retailers are making record profits. that is a structure problem in the economy. we need stronger labor unions. we need higher minimum wage. >> stronger labor unions. how do we compete with china, vietnam, south korea, india when we are going to have stronger labor unions that insure that we have more work place regulations. more ways that busin
not only our tax rate but getting crushed on these new obama care regulations. we have to put back people's hours. we love these people. these are community people. these are families, our friends. but we're barely making ends meet. we have to make a payroll. so the idea this is the big pollute craft, raping the poor people that narrative is really tired. >> it's not the big polutocrat it's the structure of modern capitalism. in the bush years when we did have strong employment growth a...
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the story behind this ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered monkey-style kung fu? no. priceline is different now. you don't even have to bid. master hahn taught you all that? oh, and he says to say (translated from cantonese) "you still owe him five bucks." your accent needs a little work. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. you don't even have to switch. unless you're scared. i'm not scared, it's... you know we can still see you. no, you can't. pretty sure we can... try snapshot today -- no pressure. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really bi
the story behind this ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered monkey-style kung fu? no. priceline is different now. you don't even have to bid. master hahn taught you all that? oh, and he says to say (translated from cantonese) "you still owe him five...
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so that they're not double taxed. another thing that both the white house agrees on, the business community agrees on, republicans agree on is corporate tax reform. lower the corporate rate, close loopholes, and there are studies that show that could add as much as a percent to gdp. all of this would help companies bring more investment back to the u.s. and invest in jobs, and the white house has not shown leadership on either. jon: it would be good to see something work. nina easton, austan goolsbee, thank you both. >> thank you. >> thank you. jenna: dangerous new concerns about al-qaeda. the terrorist group is reportedly on the hunt for new western targets. coming up, we're going to tell you who exactly they could be targeting next. >>> also a day of remembrance today. nasa paying tribute to the men and women of space exploration who made the ultimate sacrifice for our country. >> i know it's hard to understand, but sometimes painful things like this happen. it's all part of the process of exploration and discovery.
so that they're not double taxed. another thing that both the white house agrees on, the business community agrees on, republicans agree on is corporate tax reform. lower the corporate rate, close loopholes, and there are studies that show that could add as much as a percent to gdp. all of this would help companies bring more investment back to the u.s. and invest in jobs, and the white house has not shown leadership on either. jon: it would be good to see something work. nina easton, austan...